Prompt Payment definition

Prompt Payment means a Payment within the time periods applicable pursuant to Sections 504.3 through 504.5 of this Exhibit in order for NYSERDA not to be liable for interest pursuant to Section 504.6.

Prompt Payment means payment prior to the time when a utility could issue a notice of disconnection for nonpay- ment of an amount not in dispute.

Prompt Payment means payment of a debt due and owing by the Authority pursuant to a Contract before interest accrues thereon pursuant to the provisions of this Part.

Examples of Prompt Payment in a sentence

• The County’s payment terms are in accordance with Florida Statute 218, Local Government Prompt Payment Act.

• Payment shall be made in accordance with Florida Statute 218, Local Government Prompt Payment Act.

• In accordance with and subject to the provisions of NYSERDA’s Prompt Payment Policy Statement, attached hereto as Exhibit D, NYSERDA shall pay to the Contractor within the prescribed time after receipt of such invoice for final payment, the total amount payable pursuant to Section 4.01 hereof, less all progress payments/milestone payments previously made to the Contractor with respect thereto and subject to the maximum commitment set forth in Section 4.06 hereof.

• Documentation shall be submitted electronically via email to the assigned Project Manager along with a statement “I hereby request that upon NYSERDA’s approval of these deliverable(s), payment of the corresponding milestone payment amount be made in accordance with NYSERDA’s Prompt Payment Policy, as detailed in the NYSERDA agreement” or, if this project is managed through NYSERDA’s Salesforce application, via NYSERDA’s Salesforce Contractor Portal with the Contractor’s log-in credentials.

• Disputed and partial payments shall be governed by the Texas Prompt Payment Act, Chapter 2251 of the Texas Government Code.

More Definitions of Prompt Payment

Prompt Payment means a payment within the time periods applicable pursuant to Sections 504.3 through 504.5 of this Part in order for the Authority not to be liable for interest pursuant to Section 504.6.

Prompt Payment means payment of a debt due and owing by the CUCF before interest accrues thereon pursuant to this Statement of Prompt Payment Policy.

Prompt Payment means a Payment within the time periods applicable pursuant to Sections

Prompt Payment means a payment within the time periods applicable pursuant to Sections 1.3 through 1.5 of this policy in order for the Authority not to be liable for interest pursuant to Section 1.6.

Prompt Payment means a Payment within the time periods applicable pursuant to Sections 504.3 through

Prompt Payment means payment of a debt due and owing by the Corporation before interest accrues thereon pursuant to the specifications herein.

Prompt Payment means payment prior to the time when a mobile home park operator or mobile home park con- tractor could issue a notice of disconnection for nonpayment of an amount not in dispute.